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based in pakistan. these latest bombs have been described as relatively crude and possibly the work of local militants. whoever is behind them makes sure that india's city is still vulnerable. >> for more on today's violence, i spoke with the ambassador who formerly served as u.s. assistant secretary of state for south asian affairs. he is currently at the center for strategic and international studies. i started by asking who he thought could be behind the attacks. >> well, i know one thing, that mumbai, it is a very sad day for mumbai, the fourth attack in the last 10 years. this city has been attacked by terrorists on many occasions, and this is the latest episode. it does not appear to be the same nature of attack that occurred in november of 2008, the suicide bombers that attacked in mumbai, killing 166 people that were tied to the l.e.t., a pakistani-based militant group. this appears to be more sporadic. it does not appear to be the same kind of attack. india has seen these before by a group called north dakota and mehanna hedin. it is an indigenous group. they have done thes
. these were sophisticated devices triggered by timers. these the first attacks here since gunmen from pakistan laid siege to the city in 2008. the authorities were taken by surprise. nobody has claimed responsibility for the attacks, although security experts say a domestic group-- the indian mughadeen are prime suspects. few here can see the point of it. "what do we tell our children," said this man. "they think these adults are mad." why kill innocent people? tonight, security has been ramped up across the nation and the police now better trained and resourced than they were a few years ago, but there are no shortage of targets in a country of 1.2 billion. >> sreenivasan: mumbai is india's financial capital and home to its movie industry as well. u.s. stocks turned lower today after federal reserve chairman ben bernanke played down talk of new stimulus moves. he had said yesterday that the fed was ready to act, if the economy gets worse. today, he emphasized that he expects things to improve, albeit slowly. in response, the dow jones industrial average lost 54 points to close at 12,437. the
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